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Proceedings and Acts of the General Assembly, 1867
Volume 133, Page 4591   View pdf image (33K)
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THOMAS SWANN, ESQUIRE, GOVERNOR. 379

original capital stock of one hundred thousand
dollars, they may refund the capital stock at such
value as it may then bear in the market, not less
than par, and make it wholly a mutual company;
and the directors shall also have power to make all
necessary by-laws to conform to such changes in
the capital stock and business of said company,
and in conformity with the act aforesaid.

Sec. 13. And be it enacted. That no Director
or stockholder shall be liable for any of the debts
or obligations of the company beyond the sum
actually paid in by him and represented by his
certificated of stock on the paid up amounts.

Liability of
stockholders.

Sec. 14. And be it enacted, That every stock-
holder of this company shall at all times have
access to the books and records thereof, and in case
of any suit against or in favor of said company,
any Court of Record may, by a proper order, com-
pel the production of its books and records, and
any member thereof may prosecute and maintain
a suit at law or in equity against the company.

Access to
books and re-
cords.

Sec. 15. And be it enacted, That the Gen-
eral Assembly reserves to itself the right at all
times to amend, alter or repeal this Act.

Reservation.

Sec. 16. And be it enacted, That this Act shall
take effect from the date of its passage.

In force.

CHAPTER 199.

AN ACT to provide for the copying or transcrib-
ing two dockets in the office of the Register of
Wills for Montgomery county.

Passed Mar.
5,1867.

SECTION 1. Be it enacted by the General Assembly
of Maryland, That the Register of Wills for
Montgomery county be and he is hereby autho-
rized and empowered, if, in the opinion of the
Orphans' Court of said county, it is necessary for
the preservation of the dockets of said court and

Register to
transcribe doc-
kets.



 
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Proceedings and Acts of the General Assembly, 1867
Volume 133, Page 4591   View pdf image (33K)
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